In July, we saw a 1,186 square-foot 1-BR in Avalon Lofts that hit the market asking $524K. It stood out not just because it was two separate units combined into one by Heliotrope Architects but also because they did that on behalf of Pearl Jam bassist Jeff Ament, who was a previous owner. The listing has remains "Alive" despite two pendings that apparently fell through so they've chopped the price about $25K and re-listed at $499,950 (plus $779/month in HOA dues). The place last sold for $320K in 2012 so perhaps they've upgraded since then or perhaps the dance between what buyers are willing to pay and what the market is currently dictating is just a delicate one.
· 22 John St Unit 39 [Estately]
· Jeff Ament's Former Avalon Loft Has a Nice 'Even Flow' To It [CS]